F1: Ferrari (NYSE:RACE) Pre-season Report

F1: Ferrari (NYSE:RACE) Pre-season Report

F1: Ferrari (NYSE:RACE) Pre-season Report

$RACE

Ferrari’s (NYSE:RACE) SebastianVettel is no stranger to success in F1, having won 4 straight world championships in Y’s 2010 and 2013, and last year represented his best season since joining The Scuderia.

After a winless Y 2016, 5 victories in Y 2017 was a welcome for him and the Maranello outfit.

This season he hopes to mount strong sustained challenge against rival Lewis Hamilton, with Red Bull also expected to have made some advances during the off season.

Given Ferrari’s long standing legacy in F1 it seems odd that Kimi Raikkonen was the last man to win the drivers’ title for Ferrari back in Y 2007.

The goal for veteran Mr. Raikkonen this season must be to end his 94-race wait between Grand Prix wins. He is just 5 short of Riccardo Patrese’s record of 99.

Sustain a title challenge.

Y 2017 started strong for Ferrari with victory for Mr. Vettel in the opening race, but some annoying reliability issues in 2-H of the season ‘canned’ their chances. Ironing out those issues is Key to their chances this season.

Kimi Raikkonen is now 38 anni, and Ferrari should have a good idea of who they wish to join Mr. Vettel on the iconic team when he hangs up his helmet and gloves.

Ferrari does have the pace to compete with MercedesAMG, but greater reliability is needed to topple the motorsport’s dominant force.

The opening race of the 2018 F1 season is in Melbourne, Australia on 25 March

The Big Q: Will Ferrari put an end to MercedesAMG’s hold and delivering a 1st world champion since Y 2007.

Go here for the Y 2018 F1 calendar 

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 120.91 19 March 2018 -1.88 122.42 122.45 120.33 261,042
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Neutral (-0.20) Neutral (-0.19) Neutral (-0.12) Bearish (-0.28)

Stay tuned…

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